04-07-2025
BRICS bloc poised to challenge Western financial dominance, says Brazilian economist
Renowned Brazilian economist Paulo Nogueira Batista says the BRICS bloc is uniquely positioned to offer alternatives to the Western-led financial system.
Batista, the former Executive Director at the International Monetary Fund representing Brazil, was speaking ahead of the upcoming BRICS Summit in Brazil.
He says the bloc's growing global share gives it the weight to promote a more balanced world order.
